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Forex Trend Analysis Report
Prepared for you on Tuesday, February 4, 2025.
British Pound/Mauritius Rupee (FOREX:GBPMUR)
Crossroads (+60) - GBPMUR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid GBPMUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPMUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for GBPMUR
The long-term trend has been DOWN since Nov 19th, 2024 at 58.665241
The intermediate-term trend has been UP since Feb 2nd, 2025 at 58.129799
The short-term trend has been UP since Jan 31st, 2025 at 57.879969
Smart Scan Analysis for GBPMUR
Based on our trend formula, GBPMUR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 58.418434 | 58.677442 | 58.290734 | 58.643163 | +0.224729 |
| Prev. Close | Volume | Bid | Ask | Time |
| 58.418434 | 2025-02-04 20:42:22 |